How Thursday’s jobs report is expected to show Trump’s mark on the labor market
CNN
The first six months of President Donald Trump’s second term in office have been marked by sweeping policy actions — including broad-based tariffs, deportations, federal spending cuts and government workforce layoffs — that have the potential to reshape the American economy and global order.
The first six months of President Donald Trump’s second term in office have been marked by sweeping policy actions — including broad-based tariffs, deportations, federal spending cuts and government workforce layoffs — that have the potential to reshape the American economy and global order. While it may take time for these policies to work their way through the economy and become clearer in economic data, the indirect impacts already are making their mark. The US private sector lost jobs in June, the first negative month in more than two years, according to new data Wednesday from payroll provider ADP. US employers lost an estimated 33,000 jobs, according to ADP’s monthly national employment report. Economists were expecting ADP’s report to show a net gain of 117,500 jobs, according to FactSet. The losses were driven largely by stalled hiring plans, Nela Richardson, chief economist for ADP said.
The lawsuit, set to be filed in federal court in Washington, DC, names the Defense Department, Defense Secretary Pete Hegseth and the chief Pentagon spokesman, Sean Parnell, as defendants.
The “CBS Evening News” needs a new anchor — and soon.
President Donald Trump is pushing for an extension of soon-to-expire enhanced Obamacare subsidies – a key Democratic demand that Republicans fought fiercely and that was the basis for the longest-ever government shutdown.
The biggest event in New Zealand Thursday may have been the opening of a furniture store.
Even if you believe you haven’t yet been directly impacted by climate change, your wallet will feel its effects soon, according to a new study.
Small businesses are “starting to crack” amid a weakening economy, rising inflation and fickle consumers; and they drove job losses in the US private sector in November, new data showed Wednesday.
Prepare for automotive sticker shock next year – again.
Constellation Brands, the US owner of Modelo Especial and Corona, bet big on Latino customers for growth. But that strategy is unraveling under the Trump administration’s mass deportation push.
The European Union agreed Wednesday to phase out Russian natural gas imports by late 2027 as part of an effort to end the bloc’s decade-long dependency on Russian energy.
US wireless carrier AT&T said in a letter to the US telecoms regulator that it had committed to ending diversity, equity and inclusion programs, a move that comes as it seeks approval from the Trump administration to buy wireless spectrum assets.
Larry Summers has been banned for life from the American Economic Association, a professional organization for economists, with more than 17,000 members, over his ties to the late sex offender Jeffrey Epstein.
The US labor market has weakened over the course of the year as hiring has stalled across many industries. The national unemployment rate has ratcheted higher in the process, hitting 4.4% in September.
Michael and Susan Dell are donating $6.25 billion to fund investment accounts for at least 25 million American children.